K.J. Harrison & Partners Inc Reduces Stake in Mastercard Incorporated $MA

K.J. Harrison & Partners Inc lowered its stake in Mastercard Incorporated (NYSE:MA) by 9.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,811 shares of the credit services provider’s stock after selling 1,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Mastercard were worth $4,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. J. Stern & Co. LLP boosted its position in shares of Mastercard by 53,535.0% in the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock valued at $41,444,231,000 after acquiring an additional 72,461,743 shares during the period. Norges Bank bought a new stake in Mastercard during the 4th quarter worth approximately $6,705,708,000. Cardano Risk Management B.V. increased its holdings in Mastercard by 861.6% during the 4th quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock worth $2,324,743,000 after acquiring an additional 3,648,748 shares during the period. State Street Corp lifted its stake in Mastercard by 2.8% in the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after purchasing an additional 997,536 shares in the last quarter. Finally, Cibc World Markets Corp purchased a new stake in Mastercard in the 4th quarter worth approximately $497,311,000. 97.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Mastercard

In related news, insider Raj Seshadri sold 4,828 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the completion of the sale, the insider owned 16,429 shares in the company, valued at $8,625,225. The trade was a 22.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.09% of the company’s stock.

Mastercard Stock Down 0.1%

Shares of NYSE:MA opened at $539.00 on Friday. The firm has a market capitalization of $476.25 billion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 1.68 and a beta of 0.73. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77. The firm has a fifty day moving average of $497.92 and a 200 day moving average of $518.96.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter last year, the business posted $3.73 earnings per share. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, research analysts anticipate that Mastercard Incorporated will post 19.61 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date is Thursday, July 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. Mastercard’s dividend payout ratio is 20.14%.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard announced new partnerships to expand digital and inclusive financial services, including a collaboration with VEON across Ukraine, Kazakhstan, Pakistan and Uzbekistan. That supports the company’s international growth strategy and could increase future network usage and transaction volume. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also said integrated payment systems could add meaningful tourism revenue, reinforcing the company’s role as a beneficiary of cross-border spending and digital payments adoption. Integrated payment systems could add €300 in annual tourism revenue – MasterCard
• Positive Sentiment: ZEN.COM launched Mastercard Click to Pay, reflecting rising demand for simpler online checkout experiences and another sign that Mastercard’s payment rails remain widely adopted by merchants and consumers. ZEN.COM Launches Mastercard Click to Pay as Consumer Demand for Simpler Online Payments Grows
• Positive Sentiment: Several articles highlighted Mastercard’s strong earnings track record and suggested it could beat estimates again next quarter, which can support investor confidence ahead of the next report. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketBeat’s week-in-review coverage framed Mastercard as a steady, high-quality payments name, but it did not introduce any new company-specific catalyst beyond broader investor interest in defensive growth stocks. MarketBeat Week in Review – 06/29 – 07/03
• Neutral Sentiment: Recent commentary on stablecoins and payments competition suggests the industry is evolving, but the articles generally portray Mastercard as well-positioned rather than under direct pressure. Is Mastercard (MA) Trading At A Premium Despite Stablecoin Moves?
• Negative Sentiment: Insider Raj Seshadri sold shares on two separate days under a pre-arranged 10b5-1 plan. While not necessarily a bearish signal on fundamentals, insider sales can still weigh on sentiment around the stock. SEC filing for insider sale

Analyst Ratings Changes

MA has been the subject of a number of recent analyst reports. Royal Bank Of Canada reduced their price target on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. TD Cowen reissued a “buy” rating on shares of Mastercard in a research note on Tuesday, March 17th. Raymond James Financial set a $609.00 target price on Mastercard in a research note on Friday, May 1st. Dbs Bank raised Mastercard to a “moderate buy” rating in a report on Friday, March 27th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Mastercard in a research report on Tuesday, March 17th. Seven research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $653.81.

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.